Canandaigua National Bank & Trust Co. Acquires New Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Canandaigua National Bank & Trust Co. acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 5,315 shares of the company’s stock, valued at approximately $509,000.

Several other institutional investors have also added to or reduced their stakes in the stock. 1620 Investment Advisors Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $34,000. Financial Connections Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $35,000. CarsonAllaria Wealth Management Ltd. increased its stake in iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after buying an additional 125 shares during the last quarter. Davis Capital Management increased its stake in iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its stake in iShares S&P 500 Growth ETF by 91.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock traded up $1.00 during midday trading on Friday, hitting $95.64. The company’s stock had a trading volume of 1,074,375 shares, compared to its average volume of 3,049,714. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $97.22. The company’s fifty day moving average price is $91.94 and its 200 day moving average price is $89.24. The stock has a market capitalization of $50.11 billion, a P/E ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.